Canada waits for news on U.S. steel tariffs with deadline tomorrow

April 30, 2018

The countdown is on to find out whether Canada will face steep U.S. tariffs on steel and aluminum.

U.S. President Donald Trump imposed a 25 per cent tariff on steel imports and a 10 per cent tariff on aluminum in March, but granted temporary exemptions to certain countries. In the case of Canada and Mexico, Trump's administration tied the issue to the North American Free Trade Agreement.

That exemption period officially ends May 1, and it's not clear whether the White House will extend Canada's exemption...

This was excerpted from the 30 April 2018 edition of CBC News.

Topic(s)

Trade Agreements

Information source

Canadian News Channel

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